Source: Reuters (via feed)
Goldman Sachs expects the European Central Bank (ECB) to deliver two interest rate hikes. Each increase is forecasted at 25 basis points. These hikes are anticipated in April and June. This view is shared by J.P. Morgan and Barclays. Policymakers have signaled inflation risks linked to the conflict in the Middle East. Goldman Sachs made this forecast public on Monday.
BizTrendWire Insight:
Goldman Sachs’ forecast reflects market expectations about inflation risks influencing ECB rate decisions.
Goldman Sachs’ forecast reflects market expectations about inflation risks influencing ECB rate decisions.
